Mārupes Grupa has obtained strategic advice to attract financing
The shareholders of Mārupes Grupa have completed an evaluation of the company's current strategy, business segments, corporate structure, organization, financial planning, and regulatory alternatives, in order to attract financing.
Mārupes Grupa is the largest vegetable producer in Latvia. It also operates in the food processing and real estate sectors and has significant energy operations through several combined heat and power (CHP) plants. The group owns fields for open-air crops, modernized greenhouses that use its in-house, CHP-generated electricity, as well as other real estate and logistics facilities.
Oaklins' team in Latvia advised Mārupes Grupa on corporate restructuring, organization and planning as well as prepared a business case to attract financing.
Talk to the deal team
Related deals
Byron Energy Limited has entered into a Promissory Note with Crimson Midstream for US$15million
Byron Energy Limited (Byron) has entered into a Promissory Note with Crimson Midstream Holdings LLC (Crimson) to finance the construction of a production platform.
Learn moreByron Energy Limited has raised US$17.4 million through a placement and an entitlement issue
Byron Energy Limited (Byron) has raised US$17.4 million through a placement and an entitlement issue. The proceeds will be used, together with a debt facility and ongoing cash flow, to undertake a drilling program at SM71 and at SM58. The raising comprised a US$9.6 million placement to institutional and professional investors, followed by an underwritten 1 for 18 entitlements issue to Byron's shareholders raising US$7.8 million, both at a price of 27 cents per share.
Learn moreCalpam has been acquired by VARO Energy
VARO Energy (VARO) has signed an agreement to acquire 100% of the shares in SMD Beheer BV, including all of the business activities of Calpam BV. (together Calpam).
The closing of this transaction is anticipated to take place at the end of October 2019, subject to the approval of the Dutch competition authorities.